Gold Stocks Bid Higher Ahead of Fed Minutes (ABX) (GLD)
Gold stocks were bid higher Tuesday, with Barrick Gold (NYSE: ABX), Goldcorp (NYSE: GG), Newmont Mining (NYSE: NEM), Gold Fields (NYSE: GFI) and others gaining ground, while spot gold prices and ETFs like SPDR Gold Trust (NYSE: GLD) traded higher.
Action comes ahead of the release of Fed minutes scheduled at 2 pm today.
There was also action in FX markets overnight with Vietnam devaluing its currency after China's yuan devaluation last week. Kazakhstan also devalued its currency.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Oil prices jump over 3%, near $90 on reports of explosions in Iran
- Gold prices rise to near $2,400 as M.East tensions fuel safe haven demand
- ConocoPhillips (COP) PT Raised to $157 at Piper Sandler
Create E-mail Alert Related Categories
Commodities, Forex, Trader TalkRelated Entities
Crude OilSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!